5 ms·

Opera Limited files for a $115M US IPO

57 points by cpeterso 8y ago

LukeHoersten 8y ago
Bitmain is buying $50m USD worth of shares: "Concurrently with, and subject to, the completion of this offering, Tospring Technology Limited (“Bitmain”), IDG China Capital Fund III L.P. (“IDG Capital Fund”) and IDG China Capital III Investors L.P. (“IDG Capital Investors” and together with IDG Capital Fund, “IDG”) have agreed to purchase from us US$50,000,000, US$9,529,000 and US$471,000, respectively, of our ordinary shares, at a price per share equal to the initial public offering price adjusted to reflect the ADS-to-share ratio, or the Concurrent Private Placements."
geekrax 8y ago
Someone please acquire these folks so we don't have to worry about prefixing -o- anymore.
- GlitchMr 8y ago
  -o- prefix is not a thing for a long, long time. Like, 5 years or so.
- apocalyptic0n3 8y ago
  Opera switched to Blink ages ago and the -o prefix died with it. If you're still using it, that's on you.
  - JumpCrisscross 8y ago
    What's the -o- prefix?
    - e2e8 8y ago
      https://developer.mozilla.org/en-US/docs/Glossary/Vendor_Prefix https://developer.mozilla.org/en-US/docs/Glossary/Vendor_Pre...
ksec 8y ago
So some Chinese Funds bought it for $600M a few years ago, and now they are going for an $115M IPO. Sorry I am not following the logic here. Edit: Turns out when they purchased it, they were on the rise and had 6% browser market shares, now it is down to 3.5%. [1] [1] http://gs.statcounter.com/browser-market-share#monthly-201510-201806 http://gs.statcounter.com/browser-market-share#monthly-20151...
- nashashmi 8y ago
  Back then they were on the presto engine. Funny I remember the CEO saying they were going to do some really great innovations after moving to blink.. And I believed them .
  - thablackbull 8y ago
    You're probably well aware, but for those of who aren't, he moved on to Vivaldi.
    - vintagedave 8y ago
      Which is itself a disappointing browser. I like the idea, but the execution is bad: mostly, for me, the UI speed. It's molasses, or glue, or <insert other favorite slowness metaphor here>. I had to move to Chrome, and I haven't managed to move back, or to FireFox yet either. I speculate the cause is that the UI is written in HTML/Javascript, but I'm not sure. Some parts of it have to be tailored per platform, and be natively implemented, I'm sure.
      - nicoburns 8y ago
        I think most of the opera developers went to Mozilla when Opera ditched presto.
      - Osiris 8y ago
        Really? I use Vivaldi as my primary browser and it's never even crossed my mind that it has performance issues. What I do know is that it feels a lot like the original Opera and had a ton of customization options.
deleted 8y ago
[deleted]
microcolonel 8y ago
My brain skipped ahead in reading "Bankruptcy" rather than "US IPO".
frogcoder 8y ago
I used to love Opera until they made the major revision. Funny I just installed Vivaldi browser yesterday, writing this comment on it. Vivaldi is more Opera than Opera, it's no accident the founder is also one of the founders and former CEO of Opera.
theAS 8y ago
I really like Opera nowadays. I was using chrome, But inbuilt video popup, inbuilt VPN, and Adblocker making me use Opera than firefox and chrome.

57 points by cpeterso 8y ago

Bitmain is buying $50m USD worth of shares: "Concurrently with, and subject to, the completion of this offering, Tospring Technology Limited (“Bitmain”), IDG China Capital Fund III L.P. (“IDG Capital Fund”) and IDG China Capital III Investors L.P. (“IDG Capital Investors” and together with IDG Capital Fund, “IDG”) have agreed to purchase from us US$50,000,000, US$9,529,000 and US$471,000, respectively, of our ordinary shares, at a price per share equal to the initial public offering price adjusted to reflect the ADS-to-share ratio, or the Concurrent Private Placements."

geekrax 8y ago

Someone please acquire these folks so we don't have to worry about prefixing -o- anymore.

GlitchMr 8y ago
-o- prefix is not a thing for a long, long time. Like, 5 years or so.
apocalyptic0n3 8y ago
Opera switched to Blink ages ago and the -o prefix died with it. If you're still using it, that's on you.
- JumpCrisscross 8y ago
  What's the -o- prefix?
  - e2e8 8y ago
    https://developer.mozilla.org/en-US/docs/Glossary/Vendor_Prefix https://developer.mozilla.org/en-US/docs/Glossary/Vendor_Pre...

ksec 8y ago

So some Chinese Funds bought it for $600M a few years ago, and now they are going for an $115M IPO. Sorry I am not following the logic here. Edit: Turns out when they purchased it, they were on the rise and had 6% browser market shares, now it is down to 3.5%. [1] [1] http://gs.statcounter.com/browser-market-share#monthly-201510-201806 http://gs.statcounter.com/browser-market-share#monthly-20151...

nashashmi 8y ago
Back then they were on the presto engine. Funny I remember the CEO saying they were going to do some really great innovations after moving to blink.. And I believed them .
- thablackbull 8y ago
  You're probably well aware, but for those of who aren't, he moved on to Vivaldi.
  - vintagedave 8y ago
    Which is itself a disappointing browser. I like the idea, but the execution is bad: mostly, for me, the UI speed. It's molasses, or glue, or <insert other favorite slowness metaphor here>. I had to move to Chrome, and I haven't managed to move back, or to FireFox yet either. I speculate the cause is that the UI is written in HTML/Javascript, but I'm not sure. Some parts of it have to be tailored per platform, and be natively implemented, I'm sure.
    - nicoburns 8y ago
      I think most of the opera developers went to Mozilla when Opera ditched presto.
    - Osiris 8y ago
      Really? I use Vivaldi as my primary browser and it's never even crossed my mind that it has performance issues. What I do know is that it feels a lot like the original Opera and had a ton of customization options.

deleted 8y ago

[deleted]

microcolonel 8y ago

My brain skipped ahead in reading "Bankruptcy" rather than "US IPO".

frogcoder 8y ago

I used to love Opera until they made the major revision. Funny I just installed Vivaldi browser yesterday, writing this comment on it. Vivaldi is more Opera than Opera, it's no accident the founder is also one of the founders and former CEO of Opera.

theAS 8y ago

I really like Opera nowadays. I was using chrome, But inbuilt video popup, inbuilt VPN, and Adblocker making me use Opera than firefox and chrome.